Isn't G.I. Bill Coverage All the Same?

Did you know that G.I. Bill funding has a cap? Below you'll find out if the entire cost of attendance at Mount Mercy University is covered. This data varies for each school so be sure to check out G.I. Bill information for each school you're interested in!

Veterans Typically Attend Mount Mercy University for no More Than $11,415

If you qualify for full benefits under the Post-9/11 GI Bill ®, we estimate that your yearly out of pocket cost to attend Mount Mercy University
should not be more than $11,415.

Private College Tuition Not Covered by GI Bill Benefits

Even if you qualify for full benefits, the tuition and fees charged by Mount Mercy University will not be
fully covered. Mount Mercy University charges $29,696
a year for tuition and fees but your maximum Post-9/11 benefit is only $20,235.
In order to make up the shortfall you will need some additional aid from the college and/or government.

Veteran Tuition And Fees

$29,696

Guaranteed Post-9/11 Benefit*

$20,235

Total Out Of Pocket

$9,461

*Note: The tuition benefit is capped at the lessor of the actual tuition charged to you or
$20,235.

If you do not qualify for full benefits or are unsure how your benefits stack up in your scenario, use the calculator to determine
how your benefits cover your cost of attending Mount Mercy University.

Remember, some forms of aid such as Pell Grants are awarded in addition to your Post-9/11 GI Bill ® benefits
so be sure to fill out your FASA forms.

Yellow Ribbon Program Participant But With Limitations

In the event that you have tuition and fees charges that are not covered by your Post-9/11 benefits, you may be
able to get additional assistance in the form of a Yellow Ribbon Award.
While Mount Mercy University participates in the Yellow Ribbon Program, it places some limitations
on the awards it grants, so your participation in this program is not guaranteed.

Remember, only veterans who qualify for full Post-9/11 benefits are eligible to participate in
a Yellow Ribbon program. The calculator can help you sort out your eligibility.

The following table may show you how likely you are to have outstanding tuition costs covered by the Yellow Ribbon Program
at Mount Mercy University. Remember, contributions from the college will be matched by the VA.

Degree Level

Division or School

Max Number of Students

Max Contribution (after matching)

Tuition After Max Contribution

Graduate

All

75

$14,000

$0

Questions to Ask the Admissions Department

Which programs and majors (if any) participate in the Yellow Ribbon Program and how do I apply?

Per Credit Fees and the Active Duty Tuition Assistance Cap

With a per credit charge for in-state students of $845,
Mount Mercy University falls above
the tuition assistance cap of $250 for active duty personnel.

Below Cap for State Residents?

$845 per credit

Below Cap for Non Residents (Out of State)?

$845 per credit

Your Living Expenses May Not Be Fully Covered.

After applying eight months of your assumed MHA against what Mount Mercy University thinks your living expenses should be,
we see a potential shortfall of $1,674.
It is possible that your actual living expenses will be covered if you live more frugally than what the college expects.

Off Campus Living Expenses

$11,874

Post-9/11 Benefit

$10,200

Total Out Of Pocket

$1,674

A MHA of $1,275 is likely the largest benefit paid directly to you.
There are many factors that influence it so be sure to use the calculator to verify your award.

Your Books and Supplies are Not Fully Covered.

Your book stipend of $1000 will not cover what Mount Mercy University estimates your expenses to be ($1,280).